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Abstract Twenty-five years ago, the electricity industry was largely made up of vertically integrated monopolies. Smaller utilities without their own generation bought their power under contract from a larger firm, or simply paid the tariff that the generator set each year for its power sales. When the utilities with generation wished to
Green, R
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Reliability and Competitive Electricity Markets [PDF]
Deregulation of the electricity sector has resulted in conflict between the economic aims of creating competitive wholesale and retail markets, and an engineering focus on reliability of supply.
Joskow, Paul, Tirole, Jean
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Optimal Combinatorial Electricity Markets [PDF]
The deregulation of the electricity industry in many countries has created a number of marketplaces in which producers and consumers can operate in order to more effectively manage and meet their energy needs. To this end, this paper develops a new model
Jennings, N. R., Penya, Y.K.
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Electric Vehicle Communities for Electric Market [PDF]
In this work is proposed the design of a system to create and handle an Electric Vehicle (EV) community, based on social networks collaborative approach and a credit mechanism to incentive participation and divide profits. This system is part of a V2G (Vehicle-to-Grid) module that allows EV owners to be aggregated in communities and participate in the ...
João C. Ferreira, João L. Afonso
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Market Design in Wholesale Electricity Markets [PDF]
As European countries move towards complete unbundling in electricity markets, some issues regarding market design are still under discussion. In particular, which market configuration would give the right incentives to promote efficiency and reduce final prices.
Sanin Vazquez, María Eugenia
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Market Power in Electricity Markets
Electricity markets exhibit unique price dynamics not found elsewhere in other commodity markets. Characteristics such as limited storability, highly inelastic demand, and physical laws requiring continuous production to match consumption cause erratic price dynamics and short periods of extremely high prices known as spikes.
Anna Creti, Fulvio Fontini
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Electricity Markets $64,000 Question [PDF]
The Kay Bailey Hutchison Center for Energy, Law, and ...
Spence, David B
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Transparency in Electricity Markets [PDF]
The European Commission is introducing new regulations on submission and publication of data in electricity markets (SPDEM) and on wholesale energy market integrity and transparency (REMIT). I discuss issues relevant for undertaking an evaluation of such regulations.
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Pricing of fluctuations in electricity markets [PDF]
In an electric power system, demand fluctuations may result in significant ancillary cost to suppliers. Furthermore, in the near future, deep penetration of volatile renewable electricity generation is expected to exacerbate the variability of demand on conventional thermal generating units.
Tsitsiklis, John N., Xu, Yunjian
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Game theory analysis for carbon auction market through electricity market coupling [PDF]
In this paper, we analyze Nash equilibria between electricity producers selling their production on an electricity market and buying CO2 emission allowances on an auction carbon market.
Bossy, Mireille+2 more
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